St. Pete Denies Rays' Ballpark Search Deal Levine: Yankee Stadium Can House MLS, MLB Sabres Impressed With HarborCenter Facility Braves Add Land For New Ballpark Parking Rice Univ. Upgrading Football Stadium Facility Notes DC United Finalizes New Stadium Approval Redskins Nix Chinese-Built Wi-Fi System Deal NASL Team Owner Discusses MLS Plans Vinik Unveils Building Plan Near Amalie Arena
BABY STEPS: TWO MAJOR AGREEMENTS HAVE HOUSTON PARK CLOSE
Published December 4, 1997
The Harris County Houston Authority took "two major steps" Wednesday toward ensuring that the cost of a new downtown ballpark will not exceed $250M, according to John Williams of the HOUSTON CHRONICLE. The authority "unanimously approved" a contract for "up to" $17.85M with K.C-based architects HOK and others to design the retractable roof stadium. The authority also unanimously approved a "tentative" deal with Houston-based Brown & Root to build the park for "no more than" $229.5M, with the firm and the authority to "share any savings equally." Brown & Root will get a "guaranteed" $7.5M to manage construction of the facility and, "in return, will guarantee any cost overruns." A final contract with Brown & Root is "likely to be approved" by December 15 (HOUSTON CHRONICLE, 12/4).